53 week calendar depreciation
Summary:
Retail corporations follow a 4-5-4 calendar. Oracle does not spread the NBV using a straight-line method when the asset life begins or ends in a 53-week fiscal year. It makes an unexplained adjustment in the last period. On the attached What-if Depreciation report, the depreciation amount of $21576.28 in the period P4-28 does not align with 4- or 5-week's depreciation. I want to understand the calculation behind the adjustment to assess the materiality of impact to our cash forecasting
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Oracle fusion cloud
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